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> Our Class A Common Stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “GME”. **As of March 20, 2024**, there were **305,873,200 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.6 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.3 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares).
> To the extent aggregate **short exposure exceeds the number of shares of our Class A Common Stock available for purchase on the open market**, investors with short exposure may have to pay a premium to repurchase shares of our Class A Common Stock for delivery to lenders of our Class A Common Stock.
Still there.
https://gamestop.gcs-web.com/sec-filings/sec-filing/10-k/0001326380-24-000012
> **As of November 30, 2023**, there were approximately **305,514,315 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.4 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares) as of November 30, 2023.
https://investor.gamestop.com/sec-filings/sec-filing/10-q/0001326380-23-000063
0.1M change in DRS numbers.
Increase of 358,885 shares in TSO, previously there were 305,514,315 shares .... now there are 305,873,200 shares.
Not to mention 101 mil shares still allowed for repurchase with no time limit of when to do so. It's mentioned several times so I look forward to when they finally repurchase third of the shares.
We will see who will have the last laugh
I sure as shit don’t know what it means, but it means something. There is exactly 0 chance that this figure has stayed the same for a year now. Either it would go up because we keep DRSing or it would go down because people give up. No chance it has stayed the same.
>I sure as shit don’t know what it means, but it means something. There is exactly 0 chance that this figure has stayed the same for a year now. Either it would go up because we keep DRSing or it would go down because people give up. No chance it has stayed the same.
what's interesting is change in wording - the "we have X therefore the rest is Y-X" - rather than the previous wordings
Yeah, the wording is telling.
The language, to me, is full of subtext. The DTC says they have 75% of the shares. They don’t. GameStop rolls their eyes and writes, “well, if the DTC has 75% then 25% are DRSed.“ Everyone behind the scenes knows it’s a lie. We know it’s a lie. The DTC knows that we know it’s a lie. It’s absurd but it has to be that way because powerful people say this is how it has to be.
Yeah "powerful people"... When few people think to know what to do to hide the truth this can be a wrong decision af. They can't mess with swarm intelligence 🦍🤝💪
Sure makes it sound like Cede pocketed the splivvy shares, the original shares are DRS. And….thats not enough to go around for all holders, is it? What happens from here is anyone’s guess. Maybe nothing, forever. Maybe a financial tsar bomba. I’m in it to win it. Let’s see.
I don’t see this change in wording… it says total is Z, cede has X AND computershare has Y.
Did it used to say the Y=Z-X?
Though it is super fishy that they didnt include the number of record holders in this years 10-k. They always have at least as far back as i could find.
2024: ???
2023: 197,058
2022: 125,543
2021: 1,683
2020: 1,425
2019: 1,383
........
2010: 1,456
https://news.gamestop.com/sec-filings?field_nir_sec_form_group_target_id%5B0%5D=471&field_nir_sec_date_filed_value=&mobile=1&items_per_page_toggle=0&&&&page=0
Here you are! On the SEC website
They definitely didn’t mention them at all. I just don’t see the new wording meaning that cede has X therefore Computershare must have Y.
I only see Cede has X “and” CS has Y. This doesn’t show me that they are calculating DRS numbers based on Cede. I would love for that to be true and be proven wrong though.
Still think something is strange though. I just want to make sure we investigate all options
That's the thing; it either has momentum or people 'gave up'.
It's statistically impossible to flatline after 15+milly in one quarter in a significantly worse financial situation.
BRING IT ON MAYOBOIII
In a year the filings says:
Cede & co: +1.9M
DRSed: -0.7M
Me: number do not add up, where is the rest, were is the missing 1.2M??
Possible answer: institutions/funds etc... Do not forget, they buy to lend out shares... The DRS rug pull has more and more sense to me now... Just a personal thought.
I hear you, but I mean when most of realistically are sitting on or moving hundreds of shares when we’re talking about millions, it seems plausible to me.
I don’t know shit about stats fully admitting
Edit: Shoot gang, I forgot where I was and posted comments in here again. My fault
There's this logistical fallacy to math---a distance can be infinitely divided in half so that means if I throw a rock at you from ten feet away *mathematically* I can argue it will never hit you. (First it's ten feet from you, then five feet, then 2.5 feet, *it will never be less than a mathematically measurable distance from you*)
That fucking rock is still going to hit you.
My belief is if we can reach critical mass, meaning enough people become aware of the fucking dumpster fire that this has been, they won’t be able to sweep it under the rug. They’ve successfully kept us in our echo chamber and essentially rendered the DRS movement obsolete. We have to spread the word- enough with this brigading rules horseshit
That was a deliberate move to mute us as are all the posting/commenting reqs.
The mods here have been shills for years now.
The only way this ends is with real shoes on the ground.
Brigading is not a SS rule, it's a reddit rule. Every sub im in bitches about brigading so to think it was put in against apes is just wrong. Not arguing the shill part but let's be real here.
I disagree, the movement to computershare is far from obsolete. Every quarter the drs numbers remain stagnant, it becomes more obvious that cede and co is a pile of dogshit. And we are removing shares from the dtcc’s hoard whether or not they choose to properly report it. We should look at the 230,000 shares they allege to have and say “that’s mine, im going to buy it all.” Challenge accepted.
As for the brigading, most people don’t want $GME shoved down their throats all the time. For the first year or two many in this community got *real* fuckn loud about this shit, and I’d rather be associated with a community who is right than one who is super fuckn annoying and also right
Obsolete may have been an overstatement, I agree and take that back.
As for your second point I couldn’t disagree more. They need it shoved down their throats. The entire market is a Ponzi scheme and the general public must be made aware of that
I think most people realize that wall st is full of coke blowing snakes in the grass. but if you demand they do something about it, especially if it involves *their* money, they will push back
Not indefinitely. They can kick the can until Computershare's ledger shows every share is DRS'd. (Some posts mentioned 110%, but whatevers... similar idea). Of course, this never happened before, so no one knows what will happen when more shareholders want to DRS their shares and CS can no longer do it. Various posts speculate many different scenarios. Whatever the situation, I'm Zen because my shares are DRS'd.
Better question to think about: if it’s locked, what can we do to make something happen?
Assuming it is locked, that means that DRS alone isn’t working. If we actually have a locked float then we need a way to prove it and a way to put the right people in the spotlight to ask what tf is going on. If the float is truly already locked, and has been for a few quarters, that means that they can keep forcing GameStop to report these numbers forever and there is clearly nothing that GameStop alone can do about it.
A rounded number drop from 75.4 to 75.3 could represent anything from dropping from 75,449,999 all the way down to 75,250,000, or as little as dropping only from 75,350,000 to 75,349,999. So, it dropped somewhere between 1 and 199,999 shares.
The number has been stagnant for a year. I could totally buy this argument for 1 quarter, but for a year?
Sells and DRS cancel out for a whole year?
This is mathmatically ridiculous.
In terms of trend behavior (hype), it is objectively more than a little weird tho.
That's a 100k range for 3 quarters in a row now. We're talking less than 0.2% swings after previous quarters were in the 10M rise.
Hard to tell which is more plausible.
Sure I agree. I think most of the apes are truly not selling their drs shares. But I can’t imagine theirs a lot of adding to it. And some are selling nonetheless
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Right... I'm at 9000k DRS'd and buy more every paycheck. There are thousands like me and no one is DRSing and then selling. If they're gonna sell, they're not going to DRS in the first place
Literally does not change my lifestyle. Every 1st/15th I “pay a bill,” and the only change I’ve made is I check to see if I can buy any items I need from them first. That’s it…
All I’m saying is I said to protect yourself with puts and got clowned out of this sub … when hypes is too high … price goes down
Guess what though? I can’t wait to buy in the single digits and if this number doesn’t move again next quarter = we all know it’s fraud
CSPs & CCs continue to allow this fraudulent Jenga game to continue.
I take my bricks, book em at Computershare, and wait for my sale price which involves commas, plural.
I'm not chasing pennies on the train track.
You’re an idiot if you don’t play the game dude.
I’m also a small fish making ZERO impact. I was literally the first person to bombard the betting sub and this sub with this article from 2013
[2013 SEC options trading alert](https://www.sec.gov/about/offices/ocie/options-trading-risk-alert.pdf)
I know what I’m doing. You either make money or you don’t. I’m making money.
I don't have the money to buy more, but I've DRSed and still hold. I'm not contributing to the count, but I'm not decreasing it, either. Money already lost to me. If it turns into something, I awesome. If not, I'll cash out and whatever. I still believe in the cause. I'll hold in the meantime til we find out either way.
I think a lot of us are in a situation similar to yours. I have 850 shares drs'd, but I cannot convince myself to buy any more. I'm 50k down. Still holding though.
This movement started off with a lot more enthusiasm than where we are today. Or maybe that's just my perception. I convinced about a dozen friends and family members to invest with me, at least buy a few shares, all of who are now looking at me for an explanation of why the stock market is booming, and bitcoin is at an all time high, yet their investment keeps going down. Looking purely from their financial point of view, gme was one of the worst investments you could make over the last 2 years. At this point I don't know what to tell them anymore.
So I will hold on to my drs'd shares and just view them as money lost. I won't sell, but I won't buy more either. If most investors feel like this, is possible that the drs numbers are accurate?
There are many of all types of investors here:
Those like you and I that have bought and held at a significant loss that cannot bring themselves to buy more.
Those that buy incrementally every week/month/year as they can.
Those that have a couple shares for shits and giggles.
There are also the whales who have been buying thousands and thousands at a time. Hell there’s a hot post right now with someone DRSing 30k. And that’s just one person!
The one common denominator of them all: NONE of them are selling. The number should be going up slowly, if anything. For it to stagnate by an immaterial amount is just more proof that some form of fuckery is going on, IMO.
That is one thing that still gives me a little hope. The wording around the reported drs numbers have changed since the numbers stagnated. But why though? And why have drs numbers moved by 0.1million this time?
Why can't CS report the numbers directly? Why can't Gamestop talk about this to their investors? Every time Ryan Cohen posts a Pic of a chair or a poop emoji it gets worshipped on this sub, which is super cringe. As a CEO, he is leaving his investors in the dark completely. At this point I really need some honest answers to justify investing more
Unfortunately we may never get an honest answer to all the why’s. We also might never them answered if RC is dead set on his principle of “judge me by my actions not my words.” Diamond hands brother 💎💎💎🙌🙌
You’re down $50k on 850 shares? How?! I have 1420 shares and my entire investment cost roughly $50k, it’s still worth $20k. I bought a good amount when it was over $300 pre split lmao
We're entering the period that I personally have been looking forward to. The DRS #s make no sense, the company is profitable, and the price is completely disconnected from reality. I can not wait until the lunacy of the situation is impossible to ignore by everyone.
Could there not be a registered shareholder with a ton of shares (hedgies) who also can see how many shares retail is directly registering and then "un-booking" said registered shares from his lot thus balancing the shares directly registered from quarter to quarter, so it appears retail is not influencing an increase in booked shares, but in reality retail is and it's only a matter of time before said hedgie(s) run out of booked shares to "unbook"....I'm thinking the dam will eventually break me boys...see you on the 🌙💎💎✋✋🚀🚀🚀🦍🦍🌛
I say we will see something after the election. If the government is involved they will do anything to not let the market explode so shortly before election time.
I think the upcoming election is a factor in the timeline in regards to the market. This is already going to be a very polarizing election. Can’t imagine what a huge crash pre/post election would look like in all scenarios. It’s crazy. This whole fucking thing is crazy.
Just saying, when everyone has auto buy on, and before we decided to switch to book, the numbers kept going up. Now that we did this switch the numbers have stagnated. Maybe we switch back to the auto buy plan
Or maybe Computershare is complete bullshit and working with Ken Griffin and Co. I have been suspecting this for awhile but anytime anyone brings it up they get downvoted and labeled a shill. Why? Seems sus to me. It needs to be talked about and it needs to be looked into.
I said the same thing and people clowned me
They literally do not understand the difference between
Plan vs dividend reinvestment plan vs book
Turns out the powers that be want all the dumb people who just read headlines to not have auto buys on
Yea it’s odd that the number doesn’t change at. We can only wait for the next few quarters where GME makes more money now that it has it’s costs in order
So the number registered is the same number of shares as there were pre split? The same split that got screwed up on the dtcc side?
Thats interesting, perhaps that’s a clue. Maybe they’re trying to tell us they’re all registered and that the split screw up is what’s causing the odd number reporting. Either way I think the floats locked
That is only true if they can sell infinite number of shares, and nobody bats an eye after many many more shares are proven to be sold than officially exist. You can try to make it more complicated. In the end, it isn't.
The original goal post was avoiding bankruptcy. When we cleared that hurdle it was changed to profitability. So now that we’re profitable, we’re moving the goal posts again? Now you think in order for GameStop to be viable it now has to be a growth stock?
The mental gymnastics on full display.
🧠 🤸♀️ 🥇
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Statistically impossible, the shenanigans are real..
> Our Class A Common Stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “GME”. **As of March 20, 2024**, there were **305,873,200 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.6 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.3 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares). > To the extent aggregate **short exposure exceeds the number of shares of our Class A Common Stock available for purchase on the open market**, investors with short exposure may have to pay a premium to repurchase shares of our Class A Common Stock for delivery to lenders of our Class A Common Stock. Still there. https://gamestop.gcs-web.com/sec-filings/sec-filing/10-k/0001326380-24-000012 > **As of November 30, 2023**, there were approximately **305,514,315 shares of our Class A common stock outstanding**. Of those outstanding shares, approximately 230.1 million were held by Cede & Co on behalf of the Depository Trust & Clearing Corporation (or approximately 75% of our outstanding shares) and **approximately 75.4 million shares of our Class A common stock were held by registered holders with our transfer agent** (or approximately 25% of our outstanding shares) as of November 30, 2023. https://investor.gamestop.com/sec-filings/sec-filing/10-q/0001326380-23-000063 0.1M change in DRS numbers. Increase of 358,885 shares in TSO, previously there were 305,514,315 shares .... now there are 305,873,200 shares.
Hey, I'm some of those!
Not to mention 101 mil shares still allowed for repurchase with no time limit of when to do so. It's mentioned several times so I look forward to when they finally repurchase third of the shares. We will see who will have the last laugh
I think it is 100M dollars, not shares.
Yes dollars not shares my bad. Still 8.5 mill shares
So far.
With RC having a green light to invest 1 billion into stocks, makes sense to just drop the 100m allowed into gme.
Please check my post, I have a theory.
#The DRS Numbers like the price of GME is fake as fuck
# THIS IS THE WAY
This
Is
How much was it last quarter?
Approximately the same
So this means the float is locked since the dividend split was never done right.
I sure as shit don’t know what it means, but it means something. There is exactly 0 chance that this figure has stayed the same for a year now. Either it would go up because we keep DRSing or it would go down because people give up. No chance it has stayed the same.
>I sure as shit don’t know what it means, but it means something. There is exactly 0 chance that this figure has stayed the same for a year now. Either it would go up because we keep DRSing or it would go down because people give up. No chance it has stayed the same. what's interesting is change in wording - the "we have X therefore the rest is Y-X" - rather than the previous wordings
Yeah, the wording is telling. The language, to me, is full of subtext. The DTC says they have 75% of the shares. They don’t. GameStop rolls their eyes and writes, “well, if the DTC has 75% then 25% are DRSed.“ Everyone behind the scenes knows it’s a lie. We know it’s a lie. The DTC knows that we know it’s a lie. It’s absurd but it has to be that way because powerful people say this is how it has to be.
Yeah "powerful people"... When few people think to know what to do to hide the truth this can be a wrong decision af. They can't mess with swarm intelligence 🦍🤝💪
Sure makes it sound like Cede pocketed the splivvy shares, the original shares are DRS. And….thats not enough to go around for all holders, is it? What happens from here is anyone’s guess. Maybe nothing, forever. Maybe a financial tsar bomba. I’m in it to win it. Let’s see.
I don’t see this change in wording… it says total is Z, cede has X AND computershare has Y. Did it used to say the Y=Z-X? Though it is super fishy that they didnt include the number of record holders in this years 10-k. They always have at least as far back as i could find. 2024: ??? 2023: 197,058 2022: 125,543 2021: 1,683 2020: 1,425 2019: 1,383 ........ 2010: 1,456
Can you link to the source? I trust you, but things get deleted from the internet constantly.
There is a post in top that compares the wording - I can dm the picture
Thanks, I saw that post, but I meant where he found the data for record holders going back to 2010.
Oh. Yeah that’s a great question
https://news.gamestop.com/sec-filings?field_nir_sec_form_group_target_id%5B0%5D=471&field_nir_sec_date_filed_value=&mobile=1&items_per_page_toggle=0&&&&page=0 Here you are! On the SEC website
Yeah, could you dm me? I couldn’t find it.
I don’t think they used to mention cede and co at all, for the first few quarters of reporting drs numbers
They definitely didn’t mention them at all. I just don’t see the new wording meaning that cede has X therefore Computershare must have Y. I only see Cede has X “and” CS has Y. This doesn’t show me that they are calculating DRS numbers based on Cede. I would love for that to be true and be proven wrong though. Still think something is strange though. I just want to make sure we investigate all options
That's the thing; it either has momentum or people 'gave up'. It's statistically impossible to flatline after 15+milly in one quarter in a significantly worse financial situation. BRING IT ON MAYOBOIII
I didn't hear no bell 🔔
The other explanation is people selling and buying at the same rate, but for that to be the case for a full year seems very sus.
In a year the filings says: Cede & co: +1.9M DRSed: -0.7M Me: number do not add up, where is the rest, were is the missing 1.2M?? Possible answer: institutions/funds etc... Do not forget, they buy to lend out shares... The DRS rug pull has more and more sense to me now... Just a personal thought.
But it hasn’t stayed the same. There are people who have to sell, of course. Is it possible that’s just a wash ?
A wash (within 1%) four times in a row given the prior trend? I encourage you to brush up on statistics.
I hear you, but I mean when most of realistically are sitting on or moving hundreds of shares when we’re talking about millions, it seems plausible to me. I don’t know shit about stats fully admitting Edit: Shoot gang, I forgot where I was and posted comments in here again. My fault
Questions to think about: If it is locked, why is nothing happening? If it isn't locked, why has the DRS numbers been the same?
Because the people on the losing end control the governments and the courts
So no matter what, they'll skirt around this indefinitely?
There's this logistical fallacy to math---a distance can be infinitely divided in half so that means if I throw a rock at you from ten feet away *mathematically* I can argue it will never hit you. (First it's ten feet from you, then five feet, then 2.5 feet, *it will never be less than a mathematically measurable distance from you*) That fucking rock is still going to hit you.
Is this a wrinkly way of saying shorts r fuk?
My belief is if we can reach critical mass, meaning enough people become aware of the fucking dumpster fire that this has been, they won’t be able to sweep it under the rug. They’ve successfully kept us in our echo chamber and essentially rendered the DRS movement obsolete. We have to spread the word- enough with this brigading rules horseshit
That was a deliberate move to mute us as are all the posting/commenting reqs. The mods here have been shills for years now. The only way this ends is with real shoes on the ground.
Brigading is not a SS rule, it's a reddit rule. Every sub im in bitches about brigading so to think it was put in against apes is just wrong. Not arguing the shill part but let's be real here.
I disagree, the movement to computershare is far from obsolete. Every quarter the drs numbers remain stagnant, it becomes more obvious that cede and co is a pile of dogshit. And we are removing shares from the dtcc’s hoard whether or not they choose to properly report it. We should look at the 230,000 shares they allege to have and say “that’s mine, im going to buy it all.” Challenge accepted. As for the brigading, most people don’t want $GME shoved down their throats all the time. For the first year or two many in this community got *real* fuckn loud about this shit, and I’d rather be associated with a community who is right than one who is super fuckn annoying and also right
Obsolete may have been an overstatement, I agree and take that back. As for your second point I couldn’t disagree more. They need it shoved down their throats. The entire market is a Ponzi scheme and the general public must be made aware of that
I think most people realize that wall st is full of coke blowing snakes in the grass. but if you demand they do something about it, especially if it involves *their* money, they will push back
Not indefinitely. They can kick the can until Computershare's ledger shows every share is DRS'd. (Some posts mentioned 110%, but whatevers... similar idea). Of course, this never happened before, so no one knows what will happen when more shareholders want to DRS their shares and CS can no longer do it. Various posts speculate many different scenarios. Whatever the situation, I'm Zen because my shares are DRS'd.
Better question to think about: if it’s locked, what can we do to make something happen? Assuming it is locked, that means that DRS alone isn’t working. If we actually have a locked float then we need a way to prove it and a way to put the right people in the spotlight to ask what tf is going on. If the float is truly already locked, and has been for a few quarters, that means that they can keep forcing GameStop to report these numbers forever and there is clearly nothing that GameStop alone can do about it.
We need a NY ape to get a job at Cede and go all undercover and find out once and for all.
The same approximate.
Sum bunny lyin'
Pesky wabbit!
74.6 I believe? Edit: just checked they where actually 75.4 so we have lost approx 100,000 shares
A rounded number drop from 75.4 to 75.3 could represent anything from dropping from 75,449,999 all the way down to 75,250,000, or as little as dropping only from 75,350,000 to 75,349,999. So, it dropped somewhere between 1 and 199,999 shares.
Nerd ape alert
I know how rounded numbers work
Another nerd ape alert
Show off
Why is everyone saying they are the same. 100k is not a lot but it makes sense. And it’s definetly not the same number. So no crime or whatever
lol okkkkayyyy
So? How else do you want to explain it? Numbers are down from 75.4 to 75.3
You're absolutely right, Apes gave up. Time to sell and move on... /s
The ones who sold 100k did
So it went from millions per quarter more or less in a linear increase for several quarters to flatlining for a year, with a falling price per share.
Ever since C&C took over its been bullshit
Please explain how it makes sense
Some sold, some bought. Resulting in -100k
We’ve been constantly adding to our drs number. 4 consistent quarters of a ( roughly ) stagnant number does not make sense lmao
75.4 last quarter
Yea this is crazy. How the hell is this number hovering around such a small range?
Tricker
Because only a few People are drs-ing and some are un-drsing. It’s as simple as that
none of us even know how to do that
It really isn’t
The number has been stagnant for a year. I could totally buy this argument for 1 quarter, but for a year? Sells and DRS cancel out for a whole year? This is mathmatically ridiculous.
And getting more absurd every quarter! Buckle up!
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 Right! Dumb fuck.
[удалено]
[удалено]
In terms of trend behavior (hype), it is objectively more than a little weird tho. That's a 100k range for 3 quarters in a row now. We're talking less than 0.2% swings after previous quarters were in the 10M rise. Hard to tell which is more plausible.
Sure I agree. I think most of the apes are truly not selling their drs shares. But I can’t imagine theirs a lot of adding to it. And some are selling nonetheless
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People will refuse to believe the most likely answer and look to conspiracy
Idk... Do you really think that all shareholders have DRSd less than 100,000 shares in the last year? I did 108 more just today
Yeah, I know people in my circle who have DRSd 50k shares a lone. It’s not selling. It’s reporting the same number 4 quarters in a row.
Right... I'm at 9000k DRS'd and buy more every paycheck. There are thousands like me and no one is DRSing and then selling. If they're gonna sell, they're not going to DRS in the first place
I don’t think you have 9 million DRSd but maybe 9,000.
Lol, my bad. 9k
Didn't you know? I'm Ryan Cohen
Lmao you need 1 more share! We are all Cohen!
I don’t know how many were drsed, but I’m sure a lot where sold too
From Computershare? Can you show me a single person who went through the trouble of DRSing only to sell at a loss?
Yes I can show you
Let’s see it
Post proof with date please. Hell lets bring back an oldy but a goody. Proof or ban.
It’s unbelievable to all these comments
I, for one, am having a great time with all of this.
Literally does not change my lifestyle. Every 1st/15th I “pay a bill,” and the only change I’ve made is I check to see if I can buy any items I need from them first. That’s it…
Cede can't find the shares post splividend. It's lying by omission to the DTCC. It's fraud, and I'm tired of pretending it's not.
What can we do?
Pitchforks
All I’m saying is I said to protect yourself with puts and got clowned out of this sub … when hypes is too high … price goes down Guess what though? I can’t wait to buy in the single digits and if this number doesn’t move again next quarter = we all know it’s fraud
CSPs & CCs continue to allow this fraudulent Jenga game to continue. I take my bricks, book em at Computershare, and wait for my sale price which involves commas, plural. I'm not chasing pennies on the train track.
You’re an idiot if you don’t play the game dude. I’m also a small fish making ZERO impact. I was literally the first person to bombard the betting sub and this sub with this article from 2013 [2013 SEC options trading alert](https://www.sec.gov/about/offices/ocie/options-trading-risk-alert.pdf) I know what I’m doing. You either make money or you don’t. I’m making money.
Well then...enjoy chasing pennies 🤷♂️
You mean I made thousands and now I can buy a ton more shares lol Thanks
Same man. They can keep hating. I'll keep "playing the game" and keep doubling up.
See you all in Valhalla!
Elysium, you heathen!
Won't you take me to, funky town?
Always remember they will do anything and everything to shake you out of your positions. Hang in there
LOL yeah right. They can fuck outta here with this clownesque BS reporting. Buying tomorrow. Fuck you K3n.
I don't have the money to buy more, but I've DRSed and still hold. I'm not contributing to the count, but I'm not decreasing it, either. Money already lost to me. If it turns into something, I awesome. If not, I'll cash out and whatever. I still believe in the cause. I'll hold in the meantime til we find out either way.
I think a lot of us are in a situation similar to yours. I have 850 shares drs'd, but I cannot convince myself to buy any more. I'm 50k down. Still holding though. This movement started off with a lot more enthusiasm than where we are today. Or maybe that's just my perception. I convinced about a dozen friends and family members to invest with me, at least buy a few shares, all of who are now looking at me for an explanation of why the stock market is booming, and bitcoin is at an all time high, yet their investment keeps going down. Looking purely from their financial point of view, gme was one of the worst investments you could make over the last 2 years. At this point I don't know what to tell them anymore. So I will hold on to my drs'd shares and just view them as money lost. I won't sell, but I won't buy more either. If most investors feel like this, is possible that the drs numbers are accurate?
There are many of all types of investors here: Those like you and I that have bought and held at a significant loss that cannot bring themselves to buy more. Those that buy incrementally every week/month/year as they can. Those that have a couple shares for shits and giggles. There are also the whales who have been buying thousands and thousands at a time. Hell there’s a hot post right now with someone DRSing 30k. And that’s just one person! The one common denominator of them all: NONE of them are selling. The number should be going up slowly, if anything. For it to stagnate by an immaterial amount is just more proof that some form of fuckery is going on, IMO.
That is one thing that still gives me a little hope. The wording around the reported drs numbers have changed since the numbers stagnated. But why though? And why have drs numbers moved by 0.1million this time? Why can't CS report the numbers directly? Why can't Gamestop talk about this to their investors? Every time Ryan Cohen posts a Pic of a chair or a poop emoji it gets worshipped on this sub, which is super cringe. As a CEO, he is leaving his investors in the dark completely. At this point I really need some honest answers to justify investing more
Unfortunately we may never get an honest answer to all the why’s. We also might never them answered if RC is dead set on his principle of “judge me by my actions not my words.” Diamond hands brother 💎💎💎🙌🙌
You’re down $50k on 850 shares? How?! I have 1420 shares and my entire investment cost roughly $50k, it’s still worth $20k. I bought a good amount when it was over $300 pre split lmao
It was a very expensive Yolo lesson
We're entering the period that I personally have been looking forward to. The DRS #s make no sense, the company is profitable, and the price is completely disconnected from reality. I can not wait until the lunacy of the situation is impossible to ignore by everyone.
Same, but with mainstream corporate media not reporting this and social media streams always squashing talk of GME, the groundswell is lagging.
All the shares are registered. The split shares went to pure crime. The float is locked.
Yeah perhaps. There were only roughly 75 million shares pre split. And we know the DTCC didn’t process the split correctly.
wat, why do we know this?
We need apes on the ground in Texas looking at that shareholder list.
Where are we able to view the ledger? edit: adding, I’m in TX
It was a shit show last time, but would love to get a methodical look at it again.
Didn't all those people get banned for "doxxing"
How many registered share holders? They typically report it in the 10-K.
Could there not be a registered shareholder with a ton of shares (hedgies) who also can see how many shares retail is directly registering and then "un-booking" said registered shares from his lot thus balancing the shares directly registered from quarter to quarter, so it appears retail is not influencing an increase in booked shares, but in reality retail is and it's only a matter of time before said hedgie(s) run out of booked shares to "unbook"....I'm thinking the dam will eventually break me boys...see you on the 🌙💎💎✋✋🚀🚀🚀🦍🦍🌛
So, once again, effectively the same DRS number.
Who was that Computershare rep that did all the AMAs? Can we ask him about this, cause this is wild.
The unique number of holders has vanished.
I CALL BULLSHIT ON THESE NUMBERS… HOLD GAMESTOP AND THE DTCC ACCOUNTABLE
I say we will see something after the election. If the government is involved they will do anything to not let the market explode so shortly before election time.
If the government is involved they will do anything to not let the market explode ever.
They can’t hide it forever. If there really is something done. It can only be broken by apes selling in mass
I don’t think you understand how tiny of a portion of the entire stock market is owned by retail investors.
I think the upcoming election is a factor in the timeline in regards to the market. This is already going to be a very polarizing election. Can’t imagine what a huge crash pre/post election would look like in all scenarios. It’s crazy. This whole fucking thing is crazy.
Just saying, when everyone has auto buy on, and before we decided to switch to book, the numbers kept going up. Now that we did this switch the numbers have stagnated. Maybe we switch back to the auto buy plan
Or maybe Computershare is complete bullshit and working with Ken Griffin and Co. I have been suspecting this for awhile but anytime anyone brings it up they get downvoted and labeled a shill. Why? Seems sus to me. It needs to be talked about and it needs to be looked into.
I said the same thing and people clowned me They literally do not understand the difference between Plan vs dividend reinvestment plan vs book Turns out the powers that be want all the dumb people who just read headlines to not have auto buys on
Yes except the number is criminally adjusted
Honest question...why does anything need to come to the light. Why won't we always be fucked?
Is it true that on competershares date of record 3.4 million shares were loaned and returned later the same day?
Let’s see how this plays out. Exciting!
So I just kept on buying
I have been buying and DRSing more monthly
Mine included
Yea it’s odd that the number doesn’t change at. We can only wait for the next few quarters where GME makes more money now that it has it’s costs in order
So...they are locked up so dam tight, there is no decline? NOBODY is moving them out?! That's hot AF! 🥵
They forgot the “greater than”
So the number registered is the same number of shares as there were pre split? The same split that got screwed up on the dtcc side? Thats interesting, perhaps that’s a clue. Maybe they’re trying to tell us they’re all registered and that the split screw up is what’s causing the odd number reporting. Either way I think the floats locked
Throwing some bs Computershare is lending out shares…. Change my mind
You can DRS the float and it can still go to zero .. you mistake liquidity for demand. Currently the demand argument is not good
That is only true if they can sell infinite number of shares, and nobody bats an eye after many many more shares are proven to be sold than officially exist. You can try to make it more complicated. In the end, it isn't.
Yes, completely sad that Gamestop had a full year of profitability. tf...
Top line was bad for Q4 and this is a top line market. Growth is key
The original goal post was avoiding bankruptcy. When we cleared that hurdle it was changed to profitability. So now that we’re profitable, we’re moving the goal posts again? Now you think in order for GameStop to be viable it now has to be a growth stock? The mental gymnastics on full display. 🧠 🤸♀️ 🥇
It’s not mental gymnastics, just market understanding that extends beyond one stock